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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Mullen Group Ltd (TSE:MTL)
Countertrend Down (-85) - MTL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid MTL?
MarketClub looks at technical strength and momentum to determine if the timing is right for MTL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MTL
The long-term trend has been DOWN since Apr 25th, 2024 at 13.86
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 14.30
The short-term trend has been UP since May 6th, 2024 at 12.76
Smart Scan Analysis for MTL
Based on our trend formula, MTL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 12.81 | 12.84 | 12.70 | 12.71 | -0.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.74 | 244268 | 2024-05-09 13:53:14 |
| Year High | 16.93 | Year High Date | 2018-08-24 |
| Year Low | 12.07 | Year Low Date | 2018-11-28 |
| 52wk High | 16.93 | 52wk High Date | 2018-08-24 |
| 52wk Low | 12.07 | 52wk Low Date | 2018-11-28 |
| Year End Close | 20.9 | Average Volume | 130,737 |
| Volatility | 34.23 | Payment Date | 2019-09-16 |